The transaction fee seems low than other wallets actually. It's an online wallet though that many will not try using for its safety. The monent I learned that people are not using this wallet because of its security and we have no control over our funds, I then move to another wallet.
I have used a blockchain.com wallet in the past which I completely forgot the password. But I didn't know we can adjust its fees.
Yes, most beginners use the Blockchain wallet, and I also used it in the past, but I left it because its fees are high, and it is not very safe because it is a web wallet, although they have made some improvements, including the ability to adjust fees and add some other coins such as ETH, BCH.
But of course, I would advise anyone to use the Electrium Bitcoin wallet, as it is better, safer, and you can control the fees well.